Category: Investment

Cigniti expands its global footprint with opening of an office in Singapore

Cigniti Technologies, world’s leading Independent Quality Engineering & Software Testing Services company, announced the opening of their first office in Singapore. With this new expansion, Cigniti further extends its global footprint in the Asia Pacific region to meet the growing digital transformation needs of leading enterprises based in the region. “Cigniti is recognised globally for…

BDP acquires stadia design specialist Pattern

International, interdisciplinary design practice, BDP has strengthened its capabilities in the sports sector with the acquisition of global stadia design specialist, Pattern. It is the latest business to join BDP following the purchase of Toronto-based architecture practice, Quadrangle in 2019. BDP’s Chief Executive, John McManus, who oversaw the acquisition, said, “With the eyes of the…

EQT Private Equity to sell Fertin Pharma to Philip Morris International

EQT has announced that the EQT Mid Market Europe fund has agreed to sell Fertin Pharma, a specialist CDMO in innovative oral and intra-oral delivery technologies, to Philip Morris International Inc. for an enterprise value of DKK 5.1 billion. Headquartered in Vejle, Denmark, Fertin Pharma is a specialist CDMO in innovative oral and intra-oral delivery…

Juno Journey Raises $19 million in Series A Funding, Led by Insight Partners

Juno Journey, the creator of an AI platform, has announced that it has raised $19 million in Series A funding in its first institutional funding round. The round was led by Insight Partners, a global venture capital and private equity firm, with participation from VC Cerca and existing investor 10D Ventures. Juno Journey was founded…

Quizizz raises $31.5 mn funding led by Tiger Global Management

Student engagement platform, Quizizz, announced it has raised a $31.5 million investment in an ongoing Series B led by Tiger Global Management. Existing investors Nexus Venture Partners, GSV Ventures, and Eight Roads Ventures also joined the round along with new backers including Yahoo co-founder Jerry Yang. The raise follows a Series A announcement in March 2021. Quizizz is…

OneWeb secures additional $500m investment from Bharti Global

OneWeb, the global Low Earth Orbit (LEO) satellite communications company, has secured further fund-raising on the anniversary of the successful bid by UK Government and Bharti Global (Bharti) to purchase OneWeb from US Chapter 11 to bring its total funding to $2.4 billion. OneWeb has completed its transformation with the exercise of a Call Option…

Bengaluru-based CredR raises $6.5 mn funding led by Yamaha Motor India

Incredible Technologies Pvt. Ltd. (CredR) has raised Rs 48.1 crore ($6.5 million) in a funding round led by Yamaha Motor India, along with participation of existing investors Omidyar Network India, Eight Roads Ventures and Astarc Ventures. The startup will utilise the funding for consolidating its market position, strengthening technology platform and expanding customer offerings, according…

Accenture acquires Bionic to help brands drive customer growth and innovation

Accenture announced it has acquired Bionic to help clients ignite customer growth through an entrepreneurial approach designed for large organizations, enabling them to launch new products and businesses that fulfil unmet customer needs. The acquisition strengthens Accenture Interactive’s ability to help its clients drive growth by reimagining experiences and seizing new market and customer opportunities with less risk and…

Beeflow raises $8.3 mn Series A funding led by Ospraie Ag Science, Steve Jurvetson, Jeff Wilke and Others

Beeflow, a leader in crop pollination technologies, announced the close of its $8.3 million Series A financing round, led by Ospraie Ag Science and joined by Future Ventures’ Steve Jurvetson (Board member of Tesla, SpaceX), Jeff Wilke (former Amazon CEO, Worldwide Consumer), Vectr Ventures, SOSV’s IndieBio and Grid Exponential. Beeflow’s pollination technologies help farmers improve yields of crops such…

Mobileum Inc. Acquires Niometrics

Mobileum Inc., a global provider of analytics solutions for roaming and network services, security, risk management, and testing and monitoring solutions, has acquired Niometrics, a provider of deep network analytics. According to a statement, the acquisition expands Mobileum’s actionable analytics platform with customer discovery, engagement, and experience capabilities. Mobileum’s Active Intelligence platform is a telecom-focused…

QuEST Global acquires Synapse Design

QuEST Global, a global product engineering and lifecycle services company, has acquired Synapse Design, a Silicon Valley headquartered design and engineering services provider to top-tier semiconductor and systems companies worldwide. This addition will enhance QuEST’s capability in providing comprehensive design and consulting services and software development for the semiconductor industry, the statement said. With this acquisition, the company…

QuEST Global acquires Synapse Design

QuEST Global, a global product engineering and lifecycle services company, has acquired Synapse Design, a Silicon Valley headquartered design and engineering services provider. This acquisition will enable QuEST’s vision to grow its semiconductor business, add at least 2,000 engineers in the next four years, according to a statement. Synapse Design has its design centers in…

Accenture acquires Sweden-based Sentor

Accenture has acquired Sentor, a Sweden-based independent provider of cyber defense and managed security services. Financial terms were not disclosed. Sentor was founded in 1998 and is headquartered in Stockholm, with additional offices in Gӓvle and Malmӧ. The company’s portfolio includes advisory services, security testing, managed detection and incident-response capabilities, powered by a 24/7/365 security operations center…

Bharat Forge acquires Sanghvi Forging and Engineering Ltd

Bharat Forge announced it has acquired Sanghvi Forging and Engineering Ltd.(SFEL) for Rs 90 crores. The acquisition has been completed on June 28, 2021. “In this regard, we wish to inform you that in accordance with the NCLT order dated April 26, 2021 and in terms of the approved Resolution Plan, the Company has fully…